The European Commission has opened a new probe into Google, this time focused on the company’s massive online advertising business, Bloomberg reports. European Union regulators have already fined Google billions for violating the Digital Markets Act, and being found guilty of anticompetitive behavior in online advertising could add to that total.
While the Commission has yet to announce a formal investigation, Bloomberg writes that it has started contacting Google’s customers and competitors for information about its dominance across multiple online advertising markets. Regulators are particularly concerned that Google could be “artificially increasing the clearing price” of ad auctions “to the detriment of advertisers.” If the company is found to be
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